Which of the following statements about "black empowerment" is FALSE?
A) It has involved legislation that requires all companies in South Africa to hire a certain percentage of Africans.
B) Those who have benefitted the most have often been politically well connected.
C) It has involved legislation that requires companies that win government contracts allocate shares to blacks and other previously disadvantaged people.
D) Although there is limited evidence that it has produced a substantial rise in the number of black-owned companies, there is significant evidence that it has increased black participation in the economy.
E) It has not reduced black poverty and may, in fact, have promoted economic inefficiencies that have curbed growth and job creation.
Correct Answer:
Verified
Q11: Which of the following statements is NOT
Q12: Which of the following statements about income
Q13: All of the following are examples of
Q15: Which of the following statements about unemployment
Q16: Which of the following statements about the
Q17: Which of the following was NOT a
Q17: The term Afrikaner refers to
A) descendents of
Q18: The first European settlers of South Africa
A)
Q18: Economic liberalization and deregulation
A) has brought about
Q19: Which of the following statements is TRUE
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents